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AON reports a 17% increase in profit in 2010 Q4


February 4, 2011   by Canadian Underwriter


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Profits attributable to Aon stockholders increased 17% in 2010 Q4, to $231 million, compared to $198 million for the same period last year, Aon announced in its fourth-quarter results.
Revenues from fees and commissions increased to $1.753 billion (not including investment income) in 2010 Q4 from $1.686 billion in 2009 Q4.
“Net income per share attributable to Aon stockholders from continuing operations, excluding certain items, decreased 13%…reflecting the merger with Hewitt, including $37 million in additional intangible asset amortization and a higher effective tax rate,” Aon announced in a press release.


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